Savings

Money Market Account
A savings account where you can invest your idle funds but have convenient access to them in person, by phone, by ATM or even by check. Mars Bank offers a deposit product to meet your needs. To obtain more information, or open an account, just stop by one of our convenient locations.
If you need to reorder checks use our secure Check Reorder Form.
- Interest rates are based on market rates with successively higher rates paid on higher balances maintained in the account
- Interest is compounded and credited monthly
- Minimum balances required to avoid a monthly service charge.
- Unlimited incoming transfers
- Up to six electronic transfers out of your account per statement cycle
- Connect through Online Banking

Statement Savings
Our Statement Savings Account provides a basic savings plan with added flexibility. Mars Bank offers a deposit product to meet your needs. To obtain more information, or open an account, just stop by one of our convenient locations.
- Unlimited incoming transfers
- Up to six electronic transfers out of your account per statement cycle.
- Connect through Online Banking
- ATM Access

Certificates of Deposit
For the investor who requires less frequent access to their funds than from a savings account. Mars Bank offers a deposit product to meet your needs. CDs can also be used as part of an IRA retirement account. To obtain more information, or open an account, just stop by one of our convenient locations.
- Time Certificate of Deposits are available in terms ranging from six months to five years.
- Interest earned on CD’s can be compounded or paid to you at regular intervals via check or direct deposit to your checking or savings account.
- Connect through Online Banking
Personal Deposit Product Interest Rates
Effective May 10, 2023 • Subject to Change
The following are variable rate accounts, the rate may change after the account is open.
Fees may reduce earnings on an account.
Rates are not effective until the account is opened.
See Deposit Account Agreement Disclosure and Fee Schedule for additional account information.
The Bank reserves the right to individually price deposits in excess of $500,000.
Not valid for institutional investors and brokered accounts.
Money Market Checking | |||
---|---|---|---|
Balance Tier | Minimum Balance to Open | Interest Rate | Annual Percentage Yield |
$1,000 to $29,999.99 | $25.00 | 0.01% | 0.01% |
$30,000.00 to $249,999.99 | 0.03% | 0.03% | |
$250,000.00 to $499,999.99 | 0.10% | 0.10% | |
$500,000.00 to $749,999.99 | 0.15% | 0.15% | |
$750,000.00 to $999,999.99 | 0.20% | 0.20% | |
$1,000,000.00 to $2,499,999.99 | 0.25% | 0.25% | |
$2,500,000.00 to $4,999,999.99 | 0.30% | 0.30% | |
$5,000,000.00 to $9,999,999.99 | 0.35% | 0.35% | |
$10,000,000.00 or greater | 0.40% | 0.40% |
Statement Savings | |||
---|---|---|---|
Balance Tier | Minimum Balance to Open | Interest Rate | Annual Percentage Yield |
$25.00 to $24,999.99 | $25.00 | 0.01% | 0.01% |
$25,000.00 to $249,999.99 | 0.03% | 0.03% | |
$250,000.00 to $499,999.99 | 0.05% | 0.05% | |
$500,000.00 to $749,999.99 | 0.07% | 0.07% | |
$750,000.00 to $999,999.99 | 0.09% | 0.09% | |
$1,000,000.00 to $2,499,999.99 | 0.12% | 0.12% | |
$2,500,000.00 to $4,999,999.99 | 0.15% | 0.15% | |
$5,000,000.00 to $9,999,999.99 | 0.17% | 0.17% | |
$10,000,000.00 or greater | 0.20% | 0.20% |
Personal IRA Statement Savings | |||
---|---|---|---|
Minimum Balance to Open | Interest Rate | Annual Percentage Yield | |
$25.00 | 0.01% | 0.01% |
Personal Savings Passbook | |||
---|---|---|---|
Minimum Balance to Open | Interest Rate | Annual Percentage Yield | |
*Existing accounts only | $25.00 | 0.01% | 0.01% |
Personal IRA Savings Passbook | |||
---|---|---|---|
Minimum Balance to Open | Interest Rate | Annual Percentage Yield | |
*Existing accounts only | $25.00 | 0.01% | 0.01% |
Regular Certificates of Deposit & IRA Certificates of Deposit | |||
---|---|---|---|
Balance Tier | Minimum Balance to Open | Interest Rate | Annual Percentage Yield |
3-month | $2,500.00 | 0.03% | 0.03% |
6-Month | $1,000.00 | 0.05% | 0.05% |
7-Month Online Only Special | $2,500.00 | 4.50% | 4.59%* |
9-Month Special | $2,500.00 | 4.00% | 4.07%* |
12-Month | $1,000.00 | 0.08% | 0.08% |
12-Month Online Only Special | $2,500 | 4.25% | 4.33%* |
15-Month Special | $2,500.00 | 3.75% | 3.82%* |
18-Month | $1,000.00 | 0.08% | 0.08% |
24-Month | $1,000.00 | 0.08% | 0.08% |
36-Month | $1,000.00 | 0.08% | 0.08% |
48-Month | $1,000.00 | 0.08% | 0.08% |
60-Month | $1,000.00 | 0.08% | 0.08% |
The above certificates of deposit (CD) accounts automatically renew and the rate may change at maturity. A penalty may be imposed for early withdrawal. Penalties may reduce the earnings on an account. The account requires a minimum opening deposit based on term and APY that is stated. The 3-Month CD is not eligible for IRA Certificate of Deposit. The 3-Month CD is not available for new accounts.
*Annual Percentage Yield (APY) shown is accurate as of May 10, 2023. Offer is valid through May 31, 2023 and is subject to change or can be withdrawn at any time. Rates are not effective until the CD account is opened. A penalty will be imposed for early withdrawal. The annual percentage yield assumes interest will remain on deposit until maturity. Fees may reduce earnings. Minimum balance required of $2,500 to open the 7-month online-only special, 9-month special, 12-month online-only special, and 15-month special certificates. The 7-month and 12-month online-only special certificates requires 100% new money to Mars Bank. The 9-month special and 15-month special certificates require 50% new money to Mars Bank. New money is defined as money not currently on deposit at Mars Bank. Maximum balance for this certificate is $250,000. For rates on deposits above $250,000, contact Mars Bank. Unless we receive contrary instruction, the certificate will automatically renew upon maturity into a standard certificate with prevailing rate; for CD terms of 7-month online-only and 9 months, the CD will renew to a 6-month regular CD, for 12-month online-only and 15 months to a 12-month regular CD. Not valid with any other offer. Offer not available for financial institutions, public funds, or brokers. Other CD terms and rates are available, please ask us about other CD options. FDIC insured up to applicable limits. Contact us for accessibility accommodations for online-only CDs.
Jumbo Certificates of Deposit & Jumbo IRA Certificates of Deposit | |||
---|---|---|---|
Balance Tier | Minimum Balance to Open | Interest Rate | Annual Percentage Yield |
3-month | $100,000.00 | 0.03% | 0.03% |
6-Month | $100,000.00 | 0.05% | 0.05% |
7-Month Online Only Special | $100,000.00 | 4.50% | 4.59%* |
9-Month Special | $100,000.00 | 4.00% | 4.07%* |
12-Month | $100,000.00 | 0.08% | 0.08% |
12-Month Online Only Special | $100,000.00 | 4.25% | 4.33%* |
15-Month Special | $100,000.00 | 3.75% | 3.82%* |
18-Month | $100,000.00 | 0.08% | 0.08% |
24-Month | $100,000.00 | 0.08% | 0.08% |
36-Month | $100,000.00 | 0.08% | 0.08% |
48-Month | $100,000.00 | 0.08% | 0.08% |
60-Month | $100,000.00 | 0.08% | 0.08% |
The above certificates of deposit (CD) accounts automatically renew and the rate may change at maturity. A penalty may be imposed for early withdrawal. Penalties may reduce the earnings on an account. The account requires a minimum opening deposit based on term and APY that is stated. The 3-Month CD is not eligible for IRA Certificate of Deposit. The 3-Month CD is not available for new accounts.
*Annual Percentage Yield (APY) shown is accurate as of May 10, 2023. Offer is valid through May 31, 2023 and is subject to change or can be withdrawn at any time. Rates are not effective until the CD account is opened. A penalty will be imposed for early withdrawal. The annual percentage yield assumes interest will remain on deposit until maturity. Fees may reduce earnings. Minimum balance required of $2,500 to open the 7-month online-only special, 9-month special, 12-month online-only special, and 15-month special certificates. The 7-month and 12-month online-only special certificates requires 100% new money to Mars Bank. The 9-month special and 15-month special certificates require 50% new money to Mars Bank. New money is defined as money not currently on deposit at Mars Bank. Maximum balance for this certificate is $250,000. For rates on deposits above $250,000, contact Mars Bank. Unless we receive contrary instruction, the certificate will automatically renew upon maturity into a standard certificate with prevailing rate; for CD terms of 7-month online-only and 9 months, the CD will renew to a 6-month regular CD, for 12-month online-only and 15 months to a 12-month regular CD. Not valid with any other offer. Offer not available for financial institutions, public funds, or brokers. Other CD terms and rates are available, please ask us about other CD options. FDIC insured up to applicable limits.
Additional Services
Online Banking
- With Mars Bank Online and Mobile Banking, you can confirm your current balance or verify a check has cleared on your laptop, tablet, or smart phone. Pay your loans, bills, or transfer money between eligible accounts with a few keystrokes.
- Learn more about Online Banking, Bill Pay, and eStatements.
Service Plus – 24 Hour Touch Tone Phone Banking
Safe Deposit Boxes
- For more information on any of these services or any of our accounts, contact us, visit one of our Locations or call 724-625-1555.